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Tuesday, 5 May 2015

Greece: THE BLAME GAME




Reuters - Greece points finger of blame at its creditors

Bloomberg - Greece Faces Pending Deadline as ECB Eyes Haircut Option

Reuters - Greece makes IMF payment but hopes of quick deal dashed - "Leftist Prime Minister Alexis Tsipras' government sought to shift blame on Tuesday onto the euro zone and IMF for a lack of agreement in the three-month-old negotiations, charging that each was setting different "red lines" on multiple issues from pension and labor reforms to the primary budget surplus. But EU officials accuse Greece of failing to produce enough concessions ahead of Monday's Eurogroup meeting of euro zone finance ministers and the group's chief, Jeroen Dijsselbloem, said an agreement then is no longer possible".

Cartoon, Ilias Makris, Kathimerini

Peter Spiegel, FT Blog - "The Greek government appears to have found a different, more traditional way to raise extra money: it’s collecting more taxes and spending less money".

News Tribune

Greek Parliament Row (Mignatiou)

From Bloomberg - Greece Sparks Meltdown in Euro-Area Bonds as Italy, Spain Tumble

Bloomberg (View) again - Bloomberg: Greece is threatening to commit suicide with a gun bankruptcy -  Greece's 'Blazing Saddles' Strategy Isn't Working

Greek Analyst - The non paper of the Greek government regarding the state of negotiations

Greece blames EU and IMF- EU Observer

Bloomberg - Greece Says Compromise Not Possible Under Current Conditions

Reuters - Greece steps up diplomacy to avert cash crunch

The Telegraph: EU President Juncker, a Grexit and the "Anglo-Saxon" world  -  'Anglo-Saxon' world would rip apart Europe after a Grexit, says Juncker

"European Commission president says Grexit would expose the euro to huge danger as Anglo-Saxon forces would try to dismantle the EU"

Extraordinary!

Mignatiou - Οι δανειστές οδηγούν τη χώρα ολοταχώς σε νέο Πρόγραμμα με νέα μέτρα

Not much clarity; obfuscation, ambiguity and contradictory statements

Offsetting debt with war reparations? - Η τελική λύση πλησιάζει: Συμψηφισμός χρέους με πολεμικές αποζημιώσεις;

Financial Times - Debt talks on hold until Greece agrees reforms, warns Moscovici

Negotiating strategies and political constraints - Edward Harrison, Credit Writedowns





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